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burnakura feaso out, page-3

  1. investorpaul
    1,091 Posts.
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    07/02/12
    10:20
    Post #: 9655013
    Some rough numbers:

    Gold Price Average (say): $1,650
    Operating costs per ounce: $1,223
    Margin = $427 per ounce

    24,000 ounces x $427 = $10,248,000

    Which is $10m more than we were earning before, but still not a huge figure. I would have liked a lot more information on phase 2 but I guess we will have to wait until April for that.
    KGL Price at posting: $1.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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